[midas]

I'll caveat my response in that I didn't read his book but I did learn that his fund was never greater than $500MM. In the hedge fund world this is a small fund, successful guys run funds in the multi-billions of $$$. If you can consistently deliver non-correlated returns of over 12%, the money will come to you and you will be managing billions of $$$ and have a staff doing all the heavy lifting. There is serious money to be made at that level.

So on circumstantial evidence alone, based on his lack of a large fund and his lightweight show which overstates the obvious and is heavy on the theatrics - Cramer did not have a successful track record.